Fashion Retailers Ramp Up Capex for Tech and Store Upgrades
The received wisdom in corporate America is that to you need to spend money to make money. And that’s true enough. But exactly how much money companies choose to push…
Kohl’s Stock Surges as Meme Traders Take to the Heavily Shorted Stock
Kohl’s Corp. on Tuesday went abruptly from beleaguered broadline retailer and beaten-down stock to the big gainer on Wall Street as traders took their cue from social media and dove…
Kohl’s Narrows Q1 Net Loss, Beats Expectations
Kohl’s Corp., continuing to press for a turnaround in the aftermath of firing is chief executive officer earlier this month, managed to narrow its loss in the first quarter amid…
Kohl’s Fires CEO Ashley Buchanan, Cites Conflict of Interest
Scandal has hit the struggling Kohl’s Corp. On Thursday, the board of Kohl’s said it fired chief executive officer Ashley Buchanan for cause. “An investigation conducted by outside counsel and…
Analyst Report Puts Kohl’s Liquidity Under the Microscope
While Kohl’s Corp. has a fresh turnaround plan orchestrated by its new chief executive officer, persistent negative sales trends and debt levels remain concerns. On Monday, TD Cowen, a leading…
Joann, Kohl’s, Walgreens & More
2025 started with the announcement of store closures by Kohl’s and Macy’s, which are shutting down several locations in the country in the upcoming months. Other companies, including J.C. Penney,…